Berkeley Multifamily Investment
2701 Grant Street Berkeley, CA 94703
2701 Grant Street, Berkeley, CA, 94703
$1,099,000
For Sale
$1,099,000
MULTI_FAMILY - Berkeley, CA
Property Size2,534 SF
Lot Size0.05 Acres
Price / SF$433.70
Days on Market241
Property Features for 2701 Grant Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Appliances
- Gas Water Heater
- Standard status
- Active
- APN
- 5417272
- Size
- 2,534 SF
- Lot size
- 0.05 Acres
Utilities
- Utilities
- Natural Gas Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1905
- Flooring type
- Linoleum, Carpet
- Building materials
- Wood Siding
- Roof type
- Shingle
Listing Agency
BHG RE Reliance Partners
(510) 868-1400
2095 Rose Street #100, DANVILLE, CA
Listed by
June McDaniels · License #01307858
(510) 866-9668
Added: Nov 17, 2025 Checked: Jul 16 at 10:06 pm
MLS# 41117661
Copyright © 2026 bridgeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily property is located in South Central Berkeley. The building contains six units: five one-bedroom units and one studio unit. The property is situated in close proximity to shopping and dining establishments in Berkeley. The building has a total area of 2534 square feet and is located on a lot of 0.0459 acres. The property might be subject to Rent Control.
Key Highlights
- Six‑unit building: five 1‑bedroom units and one studio unit
- Built in 1905 with wood siding and a shingle roof
- Natural gas heating and gas water heater
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $96.4k | $38.04 |
| − Vacancy | −$4.8k | −$1.90 |
| EGI | $91.6k | $36.14 |
| − OpEx | −$41.2k | −$16.26 |
| NOI | $50.4k | $19.88 |
2,534 SF · lease $38.04/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$719.5K
$629.6K – $839.4K
NOI $50,366 @ 7.0% cap · market cap 4.58%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$980.0K
$857.5K – $1.14M
NOI $68,600 @ 7.0% cap · market cap 6.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Six-unit building in South Central Berkeley near amenities.
Where is this apartment building located?
The property is located at 2701 Grant Street Berkeley, CA.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Six‑unit building: five 1‑bedroom units and one studio unit; Built in 1905 with wood siding and a shingle roof; Natural gas heating and gas water heater
